News

Paul Hastings Advises TierPoint in Acquisition of Xand

New York, NY- Paul Hastings LLP, a leading global law firm, is representing TierPoint in its acquisition of Xand, a leading, privately held provider of colocation, cloud, disaster recovery, and managed services with six data centers located in New York, Pennsylvania, Connecticut, and Massachusetts.

Terms of the acquisition were not disclosed.

TierPoint is a leading provider of cloud, colocation, and managed services. TierPoint was founded in July 2010 as Cequel Data Centers with the acquisition of Colo4. Subsequent acquisitions included Philadelphia Technology Park, LLC (June 2014),

(November 2011),

TierPoint

(May 2012), Adhost (December 2012) and

Baltimore Technology Park

(June 2013). The combined company was rebranded as TierPoint in July 2013. Tierpoint was

acquired

by its management and an investor group in June 2014. Paul Hastings lawyers advised TierPoint in all of these transactions.

M&A partner

led the Paul Hastings team, which also included M&A partner

Luke Iovine

, Finance partner

Michael Chernick

, Tax partner

Joseph Opich

, Real Estate partner

Steve Berkman

, of counsel

Darcy White

and associate

Hannah Kang

.

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.